MPO: New guarantee will help with rising energy prices

(ČIA) The Ministry of Industry and Trade (MPO), in cooperation with the National Development Bank (NDB), has prepared the Forced Change of Energy Supplier Guarantee for small and medium-sized entrepreneurs. The aim is to facilitate access to loans from commercial banks to cover increased operating costs due to the significant increase in energy prices. The guarantee will be provided free of charge up to 80% of the principal amount of the guaranteed loan. The maximum amount can be up to CZK 2m and the guarantee period up to two years.



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